Machine Learning Engineer, Stripe

Payment Intelligence

$173.1-316.8k

Mid and Senior level
New York
San Francisco Bay Area

More information about location

Stripe

A financial infrastructure platform for businesses

Job no longer available

Stripe

A financial infrastructure platform for businesses

1001+ employees

FintechB2BPaymentsCredit cardsFinancial Services

Job no longer available

$173.1-316.8k

Mid and Senior level
New York
San Francisco Bay Area

More information about location

1001+ employees

FintechB2BPaymentsCredit cardsFinancial Services

Company mission

To increase the GDP of the internet

Role

Who you are

  • Over 3+ years industry experience building machine learning applications in large scale distributed systems
  • 2+ year of experience working within a team responsible for developing, managing, and optimizing ML models or ML infrastructure
  • Experience designing and training machine learning models to solve critical business problems
  • Experience performing analysis, including querying data, defining metrics, or slicing and dicing data to model performance and business metrics

Desirable

  • An advanced degree in a quantitative field (e.g. stats, physics, computer science)
  • Proven track record of building and deploying machine learning systems that have effectively solved critical business problems
  • Experience in adversarial domains like Payments, Fraud, Trust, or Safety
  • Experience working in Python, Java and / or Ruby codebases
  • Experience in software engineering in a production environment

What the job involves

  • You will work closely with software engineers, data scientists (DS), and platform infrastructure teams to design, build, deploy, and operate Stripe’s ML-backed payment decisioning systems
  • Design machine learning systems and pipelines for training and running machine learning models that improve the efficiency of transactions on Stripe. This could involve:
  • Building prediction models for new aspects of transaction outcomes, like whether we expect to win a dispute given auto-submitted evidence
  • Improving the accuracy of our prediction models for transaction outcomes, like whether a payment will be accepted or declined by the card network, or disputed as fraudulent by a cardholder
  • Understanding our users’ business needs in order to evaluate model performance and improve the value model we use to evaluate transaction outcomes
  • Developing and evaluating new model architectures which improve the accuracy of our prediction models
  • Incorporate new features and sources of data
  • Writing simulation code on our distributed clusters to help us understand what would happen across different segments if we changed how we action our models
  • Integrating new models and behaviors into Stripe’s core payment flow
  • Collaborating with our machine learning infrastructure team to build support for new model types into our scoring infrastructure
  • Mentor engineers earlier in their technical careers to help them grow

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Insights

Top investors

-5% employee growth in 12 months

Company

Company benefits

  • Unlimited paid time off policy
  • Work from home opportunities
  • Comprehensive mental, physical and medical health plans
  • Fertility benefits and parental leave

Funding (last 2 of 13 rounds)

Mar 2023

$6.5bn

GROWTH EQUITY VC

Mar 2021

$600m

SERIES H

Total funding: $8.7bn

Our take

Stripe, nowadays a FinTech giant, spent the first few years since its founding building up its payments business, which primarily consisted of providing an API to eCommerce businesses so that they could easily integrate a payments option in their apps or websites, where before there was none.

More recently, Stripe has started to accelerate its growth with a significantly larger range of financial services including cash advances and credit cards. They also plan to build incorporation services, fraud protection, and more, diversifying its revenue away from payments and differentiating itself from its competitors.

To further expand its position, the company is looking to triple its presence in Ireland, and extend its services to countries with vast customer potential, including Brazil and India. Its latest venture, coming atop significant new funds, is to partner with OpenAI, the company behind ChatGPT - a win-win collaboration that will monetize OpenAI’s flagship products and at the same time enhance Stripe with GPT-4, as it moves forwards with intentions to "build the payments foundation for tomorrow's AI economy."

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Freddie

Company Specialist at Welcome to the Jungle